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With holiday weekend on tap, is Palm Beach real estate experiencing ‘a collective exhale’?

by capitalizefinancial
May 27, 2021
in Sports
0
With holiday weekend on tap, is Palm Beach real estate experiencing ‘a collective exhale’?

By Memorial Day, Palm Beach’s real estate scene is typically slowing down as the warmer months loom.

But so little has been typical this year. And that means making predictions about anything — even how a holiday weekend will shape up — is more difficult than ever.

Even so, some brokers and agents are reporting that house-hunting seems to have slowed a bit over the past couple of weeks, following an uber-hectic season that saw record-setting sales volume on the island.

Any slowdown would be a sea change from a season in which properties often sold at lightning speed, with many deals inked after only a few days — and in some cases, hours — after the properties became available.

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